Willamette Valley Vineyards (NASDAQ:WVVI) Stock Passes Below 200 Day Moving Average – What’s Next?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.69 and traded as low as $2.40. Willamette Valley Vineyards shares last traded at $2.40, with a volume of 8,678 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Willamette Valley Vineyards in a report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Willamette Valley Vineyards Trading Down 5.5%

The company has a market cap of $11.98 million, a price-to-earnings ratio of -3.93 and a beta of 0.20. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.47 and a current ratio of 3.45. The business’s 50 day moving average price is $2.66 and its 200-day moving average price is $2.69.

Willamette Valley Vineyards (NASDAQ:WVVI) last released its quarterly earnings data on Wednesday, May 13th. The company reported ($0.24) EPS for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.30% and a negative net margin of 1.99%.The business had revenue of $8.26 million for the quarter.

Institutional Investors Weigh In On Willamette Valley Vineyards

Large investors have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new position in shares of Willamette Valley Vineyards in the 2nd quarter worth approximately $41,000. Susquehanna International Group LLP acquired a new stake in Willamette Valley Vineyards in the 3rd quarter valued at $39,000. EP Wealth Advisors LLC bought a new stake in Willamette Valley Vineyards in the fourth quarter valued at $48,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Willamette Valley Vineyards by 108,584.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 342,357 shares of the company’s stock valued at $1,044,000 after acquiring an additional 342,042 shares during the period. 12.24% of the stock is currently owned by institutional investors.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc (NASDAQ: WVVI) is an Oregon-based winery specializing in the cultivation, production and marketing of premium cool-climate wines. The company’s core business activities encompass estate vineyard management, winemaking, and direct-to-consumer sales through tasting rooms and wine clubs. Its portfolio features key varietals such as Pinot Noir, Pinot Gris, Chardonnay and Riesling, reflecting the unique terroir of the Willamette Valley American Viticultural Area (AVA).

Founded in 1983 by Jim Bernau, Willamette Valley Vineyards has grown from a small family operation into one of the leading publicly traded wineries in the United States.